Rising gold prices and a subdued consumer environment are likely to weaken demand for the yellow metal in one of the world’s top markets for gold in FY2020, ratings agency ICRA said in its outlook for the Indian gold jewellery retail sector on Wednesday. ICRA expects gold jewellery demand to be subdued in FY2020 with … Read More →
While buying gold jewellery, it’s advisable to check the hallmark to ensure you get what you are paying for and its purity is as promised by the jeweller. Hallmark is basically a certification of purity given by assaying and hallmarking centres (AHCs) accredited by the Bureau of Indian Standards (BIS). With the government planning to … Read More →
At a prehistoric archaeological site in Turkey, researchers have discovered two 8,500-year-old human teeth, which had been used as pendants in a necklace or bracelet. Researchers have never documented this practice before in the prehistoric Near East, and the rarity of the find suggests that the human teeth were imbued with profound symbolic meaning for … Read More →
PC Jeweller share price hit its all-time low in trade today after ratings agency CRISIL downgraded the firm’s long-term and short-term rating to the bank loan facilities to CRISIL D. The stock fell 10.1% intra day to Rs 22.25 compared to the previous close of Rs 24.75 on BSE. PC Jeweller stock erased some losses … Read More →
Incident took place on Paud Road, which has busy commercial complexes In a shocking incident, two gun-wielding dacoits looted Pethe Jewellers in Anand Nagar at Kothrud on Sunday afternoon. The duo ran away with gold ornaments worth lakhs. They fired two rounds on the floor, sending shockwaves across the locality. The entire incident was caught on closed-circuit television (CCTV) … Read More →
Goodwin Jewellers, a Maharashtra-based jewellery chain, was recently in the news after its owners allegedly ran off with investors’ money and the stores’ gold stock. Customers took to social media and then to the streets to protest, and police cases were registered against the owners. According to newspaper reports, the jewellery chain also had several … Read More →
Even as most people across the country and especially in Western India were celebrating on the occasion of Dhanteras, which precedes Diwali, hundreds of families residing in Mumbai and Pune were reeling under the shock of losing their money. They had been saving in a scheme that required investors to put in money every month … Read More →